Essay for maritime law Example | Topics and Well Written Essays - 1500 words

For maritime law - Essay Example First, let us consider the case of Barrack. Barrack was merely a buyer of vodka and it was meant for presidential election. He had accepted the offer made by Dimitry and had undertaken to bear the profit or loss as expected from the trading point of view. But since the good was not yet delivered to Barack, he can definitely claim compensation, but that is subject to the deal he had with Dimitry. Maritime law is actually an aspect of the international law and cannot be considered a municipal or domestic law. The international aspect of the maritime law can never be denied and it gives it a distinctive flavor. In the doubtful cases the court of one country will look into the examples or rulings of another country for the requirement of idea or assistance. Except to the degree that it is bound by the international conventions like Hague, each country can adapt to the maritime law that think is favorable. Hence, what maybe valid for Russia, may not be applicable for USA and vice versa. But since the bill of lading is considering the U.S. law hence, it can be considered that Barrack will have a definite advantage. In many cases the pilot effort has been made by the International Maritime Committee, which is more commonly known ass Comità © Maritime International (CMI). This contains the maritime law associations of about 30 nations. The work of the committee is to primarily draft the international conventions which relate to the subjects of maritime law. When these drafts are prepared it is then submitted to the government of Belgium which then holds a diplomatic conference and this draft is discussed and amended as per the requirement of the international maritime trade. These regulations are an international system of navigation. In extra fields a lot has been achieved in order to guarantee the international consistency through the confidential agreements willingly adhered to by the affected parties; the